Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Phoenix Lake area can be challenging. Home prices in Phoenix Lake are now at a median cost of $407,364, lower than the California average of $648,235.
The average cost of rent is $1,481/mo in Phoenix Lake, primarily driven by the current value of real estate in the Phoenix Lake area. While nearly 49.84% of residents own their homes outright in Phoenix Lake, 14.18% rent.
Housing affordability isn’t just about home prices, though. The average household income in Phoenix Lake is $6,994 per month. Households that rent pay about 21.18% of their income on rent here. Phoenix Lake's most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the city.
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Cities with Similar Populations
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